From now (March) to mid-year (June) is the best time to regularly invest in quality coins. The second half of the year is likely to welcome a strong rally, and the cost-effectiveness of gradually buying at the bottom is extremely high.
So now is the time to earn cash flow by trading bricks and increasing quality chips through regular investments!
Right now, too many people are filled with pessimism about the market. After Bitcoin's drop from its peak of 110,000 dollars, market sentiment is low, and many are even claiming that the bull market is over.
But if you really analyze the market data carefully, you will find that we are not in a bear market, but rather in a mid-bull market correction and consolidation, perhaps on the eve of the altcoin season.
Why does our community have such a judgment?
1. The relationship indicator between global M2 and Bitcoin prices!
2. The bottom signal of the altcoin score index!
3. The market panic index is extremely low, at an emotional freezing point!
Market sentiment is often the most real signal. Whenever the market is in extreme fear, it often means that the bottom is just ahead.
Since March, the fear and greed index has been in the 'extreme fear' or 'fear' zone. This indicates that most people have lost confidence in the market, and many have already cut their losses and exited.
But the fact is, bull markets never end during extreme market panic; they end during extreme greed.
In this regard, if you review the tops and bottoms of the bull markets in 2017 and 2021, you will find that the extreme changes in market sentiment often mark the turning points of the market.
So, what should we do now?
First, do not panic blindly; trust the data, not the market's emotions.
Second, when Bitcoin retraces to 72,000 dollars, it is a great opportunity to buy at the bottom.
Third, select quality leading altcoins and lay out positions ahead of the altcoin season.
When buying at the bottom of altcoins, be sure to carefully filter from multiple aspects such as chip distribution, the degree of main control, K-line trends, community atmosphere, and narrative logic. It is best to choose popular leading coins!
Currently, the altcoin market is severely differentiated. Quality altcoins with community support and speculative logic will likely benefit from the final wave of Bitcoin's rise.
There are considerable returns (around 5 times); many weak coins, once they lose the main speculative power, will spiral down continuously until they reach zero.
Once you've seen the ocean, you can hardly see water; without Mount Wu, there are no clouds. The above are some of my insights from trading coins for the past 10 years, heartfelt words after going through many detours, slowly finding the way. Hello everyone! I am Ba Shen, and today I want to summarize and share with you, hoping to help everyone’s understanding and thought process in coin trading.
I have navigated the market for many years and understand the opportunities and traps within it. If your investment isn't going well, it can be frustrating.
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